Mark Zuckerberg, A Former School Dropout, Once Again Dropped Out from World Richest People (Full List)
Mark Zuckerberg who was formerly dismissed from his college studies is currently falling out of the top tier of the richest people in the world rankings.
How it all started
Over the course of 2022, the stock market price of Zuckerberg’s Facebook/Meta empire experienced some sharp declines, which allowed him to lose about $70 billion from his personal wealth, the most of which is held in Facebook stock.
Of course, Facebook isn’t the first business to experience a decline in stock prices in a shaky economy, but it’s interesting to note that while Zuckerberg has dropped out of the top 20, Musk, Bezos, and Gates have all remained among the world’s five richest individuals.
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As he struggled to establish his virtual reality “Metaverse,” Zuckerberg also watched as TikTok, a competitor video site, ate up a large portion of Facebook and Instagram’s user base. It remains to be seen if he will see any sort of comeback in the near future.
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